Legends Furniture building sells for $16.35 million
Posted 1/22/21
The industrial facility that serves as the headquarters and manufacturing facility for Legends Furniture Inc. in Tolleson sold in December for $16.35 million, Colliers International in Arizona announced.
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SOUTHWEST VALLEY REAL ESTATE
Legends Furniture building sells for $16.35 million
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Colliers International (NASDAQ, TSX: CIGI) is a diversified professional services and investment management company with operations in 68 countries, employing 15,000 professionals who work collaboratively with occupiers, owners and investors. Colliers International in Arizona has served clients locally and globally for more than 40 years. In 2019, corporate revenues were more than $3 billion, with $33 billion of assets under management in the investment management segment. For more information, visit corporate.colliers.com or follow @Colliers on Twitter and LinkedIn.
The industrial facility that serves as the headquarters and manufacturing facility for Legends Furniture Inc. in Tolleson sold in December for $16.35 million, Colliers International in Arizona announced.
Sale of the building, 10300 W. Buckeye Road, was completed within 30 days of listing, fulfilling the seller’s goal of a 2020 sale, Colliers stated in a news release.
“This was an exciting and challenging sale, in that the seller wanted to close escrow during 2020 and provided us with just a 30-day listing agreement,” stated Bob Broyles, senior vice president of Colliers International in Arizona.
“We secured two cash offers within a couple of days from the listing being signed and selected a buyer that was able to close escrow on Dec. 30," he stated. "This transaction truly exemplifies the investor enthusiasm for Greater Phoenix industrial assets and our in-depth relationships with qualified investors.”